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NAL Agricultural Thesaurus
U.S. Department of Agriculture

Concept Breadcrumbs

Fields of Study > economics > agribusiness and business economics > marketing > markets > commodity exchange > futures trading
Economics, Trade, Law, Business, Industry > economics > agribusiness and business economics > marketing > markets > commodity exchange > futures trading
Preferred Term:

futures trading

Definition:
An agreement between two people, one who sells and agrees to deliver and one who buys and agrees to receive a certain kind, quality, and quantity of product to be delivered during a specified delivery month at a specified price.
Concept Schemes:
NALT Core
Broader Concept:
commodity exchange
Entry Terms:
  • hedge-to-arrive contracts
  • futures contracts
  • futures exchange
  • futures markets
  • hedge to arrive contracts
  • futures prices
URI:
https://lod.nal.usda.gov/nalt/28150
Download this Concept:
RDF/XMLCreated 2006-01-19, last modified 2017-05-30
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